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Smart Procurement by the Numbers

  • Spend Visibility 100 Transparent
  • Contract Compliance 70 Improved
  • Identified Cost Savings 85 Increased
​Savings Analytics & Tracking​
You delivered an opportunity; did you also realize the saving?

​Savings Analytics & Tracking​

Monitor and track your savings initiatives over time. Gain full visibility into the delivery of both hard and soft savings to ensure that identified opportunities truly result in measurable impact.

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Supplier Harmonization​
Do you know your strategic suppliers?

Supplier Harmonization​

Standardise and classify your suppliers for enhanced analysis across your different entities: Spend & ABC analysis, and Suppliers Pareto.

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Supplier Risk & Compliance​
How do you know your supplier is really compliant?​

Supplier Risk & Compliance​

Ensure your suppliers meet all compliance requirements from valid VAT IDs and sanction list screenings to country risk ratings and up-to-date certificates. Mitigate risks before they impact your operations.

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AI Use Cases in Procurement

AI Invoice Classification
Are you confident in your category mapping?​

AI Invoice Classification

Leverage AI to automatically classify invoices and align them with your defined taxonomy. Ensure consistent categorization, eliminate manual effort, and create a single, trusted source for category-based reporting and analysis.

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AI-based Contract Analytics
Do you have visibility of your contracts?​

AI-based Contract Analytics

Gain visibility into key contract details by extracting information from unstructured documents using AI. Enrich your system with accurate data on payment terms, Incoterms, expiry or renewal dates, and rebates.

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AI Similar Parts Analysis​
Why are we sourcing similar materials for different prices?

AI Similar Parts Analysis​

Uncover cost-saving opportunities by identifying price differences across similar materials. Use AI-driven insights to highlight overpriced items and negotiate better rates with vendors, ensuring consistent pricing and reducing unnecessary spend.

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Take control of your spend.

Talk to our experts and see the platform in action.
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